WAVE vs. TSM
Compare and contrast key facts about Eco Wave Power Global AB (publ) (WAVE) and Taiwan Semiconductor Manufacturing Company Limited (TSM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAVE or TSM.
Correlation
The correlation between WAVE and TSM is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WAVE vs. TSM - Performance Comparison
Key characteristics
WAVE:
2.19
TSM:
2.38
WAVE:
4.64
TSM:
3.03
WAVE:
1.57
TSM:
1.36
WAVE:
5.76
TSM:
4.27
WAVE:
24.93
TSM:
13.04
WAVE:
21.83%
TSM:
7.38%
WAVE:
248.91%
TSM:
40.54%
WAVE:
-94.47%
TSM:
-84.63%
WAVE:
-44.12%
TSM:
-0.60%
Fundamentals
WAVE:
$61.26M
TSM:
$1.13T
WAVE:
-$0.41
TSM:
$6.36
WAVE:
$0.00
TSM:
$2.03T
WAVE:
$0.00
TSM:
$1.10T
WAVE:
-$1.52M
TSM:
$1.24T
Returns By Period
In the year-to-date period, WAVE achieves a -4.55% return, which is significantly lower than TSM's 10.74% return.
WAVE
-4.55%
-24.68%
326.83%
649.46%
N/A
N/A
TSM
10.74%
10.90%
29.67%
96.23%
33.34%
28.08%
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Risk-Adjusted Performance
WAVE vs. TSM — Risk-Adjusted Performance Rank
WAVE
TSM
WAVE vs. TSM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eco Wave Power Global AB (publ) (WAVE) and Taiwan Semiconductor Manufacturing Company Limited (TSM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
WAVE vs. TSM - Dividend Comparison
WAVE has not paid dividends to shareholders, while TSM's dividend yield for the trailing twelve months is around 1.07%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAVE Eco Wave Power Global AB (publ) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 1.07% | 1.18% | 1.78% | 2.49% | 1.57% | 1.56% | 3.46% | 3.64% | 2.92% | 3.23% | 3.20% | 2.24% |
Drawdowns
WAVE vs. TSM - Drawdown Comparison
The maximum WAVE drawdown since its inception was -94.47%, which is greater than TSM's maximum drawdown of -84.63%. Use the drawdown chart below to compare losses from any high point for WAVE and TSM. For additional features, visit the drawdowns tool.
Volatility
WAVE vs. TSM - Volatility Comparison
Eco Wave Power Global AB (publ) (WAVE) has a higher volatility of 32.84% compared to Taiwan Semiconductor Manufacturing Company Limited (TSM) at 12.44%. This indicates that WAVE's price experiences larger fluctuations and is considered to be riskier than TSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WAVE vs. TSM - Financials Comparison
This section allows you to compare key financial metrics between Eco Wave Power Global AB (publ) and Taiwan Semiconductor Manufacturing Company Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities